| Common Elements Included |
Listed 2 months ago
8 - 161 William Duncan Road
Downsview-Roding-CFB, Toronto
$599,000
Condo Townhouse |
2 | 2 | 1 | 0
About this home
Modern & Stylish, two story Stacked townhouse . Over 1100 Sq Feet of living area, 2 bedrooms + 2 Washrooms Freshly painted. New flooring on main level and staircase. One owned surface parking, Private roof-top terrace with awesome view. Walk-out to a balcony on main level, Upper level bedrooms provide excellent privacy ** Short walking distance to a world-class Downsview park ** Commute is super-easy - A shuttle bus for residents provides transit to York Mills station with easy access to Downsview station, Go transit and nearby amenities** Priced to sell **
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $247
- Heat allowance
- $150
- Condo fees, half counted
- $154
- Housing costs
- $3,616 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $119,800
25-yr amortization
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
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